If u learn technical analysis & apply it to charts with no bias you'll see how easy it can be

Isn't 100% fool proof but thats where risk management saves u

Most people chart well but can't figure out how to translate it into trading because lack of discipline & strong emotions Sometimes it's a simple as:

"Look, a bullish engulfing candle at support" And price goes up

But the emotional/undisciplined trader uses too large size immediately after seeing the candle, price drops to retest LTF support & they panic/close at the bottom before price goes up

Does your lawn look green after you mow or is it a bright yellow color?

If it's bright yellow after mowing that means you're letting it grow too tall and cutting it too short. Sunlight isn't getting to the lower parts.

It also increases stress on your lawn. Summer stress is… twitter.com/i/web/status/1… Oh no. Took the poor guy's left ear off with the zero turn... He's still alive for now at least 😥

I can't believe what I just found 😂

Someone just drop it and say screw it too much effort to get it out? 4 screws and it's out with little effort...

Going to go clean it off and see if it charges.

Sent my neighbors a message to see if it belongs to one of them. So random..

$AMZN

Trying for a LTF double bottom here. Otherwise if it breaks down just short to mid 140's

$DKNG

Low time frame short set up to watch out for a breakdown entry. Got a small entry on the breakdown and just added another entry up here with mega tight stop. Have a feeling this won't work out but it's with-in my risk parameters so I'll take the stop loss hit if it hapens.

Let's get this $10,000 😂🏌️‍♂️ My shot was so bad I owe the course $10k

A thread in trendline bias and why I stick with my own strategies and you should to (Key word strategies, not just random play)

Some people argued that this #Bitcoin trendline was wrong & just me having a bear bias

(I've maintained trendline for weeks and haven't moved it)

1/3 This #Bitcoin trendline was the "real" trendline and mine (which I have rules for) was wrong.

So now this trendline has broken down. We are all on the same page... Right?

Well.. not so much.

$SPOT

Good R:R for a little short scalp here chasing a little here so if it doesn't drop very very soon I'll just close. No sweat.

⚠️Important tips for traders(thread):

1. Don't enter a trade right when u open the chart. This is FOMO. Unlikely that u open the chart exactly at the top/bottom for perfect entry

2. Zoom out & map out key levels on higher time frame before entering trades on lower time frame 3. Plan out what time frame you want to trade on

4. Look at price action THEN use your indicators to help confirm your directional bias. Indicators are supporting criteria

5. Find counter arguments to your trade. Could you be wrong. Any signs opposing your directional bias?

#Bitcoin

Important support and resistance levels to watch on low time frames 👀👀

#AXS

7ma breakdown retest.

https://twitter.com/nebraskangooner/status/1445154064443101188

👌👌

LTF double top? 🤔 No break yet.

These are some of my favorite low time frame short scalp opportunities.

Hanging in man/evening star up top for confirm then trend breakdown with retest for entry.

1st target is always 25ma and if it breaks below there you get a really nice quick drop to lock in profits. I didn't trade it but I'm just sitting here having a drink and took a quick glance at the chart, figured I'd share some LTF thoughts

Wouldn't chase at 25sma, on LTFs you want to catch price on the way up to short and on the way down to long. This provides tight R:R opps on LTFs

#Bitcoin thread

Does on-chain data show bullish continuation of trend or the start of a bearish one?

On-chain data can be easily misinterpreted & most useful on high time frames

SOPR(spent output profit ratio) is one of my favorite metrics for investment trends

Whats it show? First let's take a look at the tops

Each top had a large spike above the 1.01 level w/ bear divergence (large initial spike followed by increasing price and smaller SOPR spike at the top)

Notice that it's never gone above then back below and NOT corrected for an extended period

Went against my own rule & got stopped out on this 1m scalp

Rather than waiting for a 1m close above invalidation I just closed manually as I wasn't going to get stuck in a big green candle if we popped through resistance

When scalping it's all about small losses and killer R:R Of course I'd never FOMO back in late.

I just wait for my next killer R:R opportunity and have a go.

Just hired a bi-weekly maid so my wife will quit getting mad at me for not cleaning (fair complaint).

Now do I tell her I hired a maid or do I take full credit? 🤔🤣 Let her in through the garage so it doesn't show up on our ring doorbell and take full credit.

And also don't bang the maid.

Got it, thanks for the marriage advice everyone! 🙏

She's coming today for a deep cleaning. We'll see what my wife thinks about it when she gets home.

#Ethereum

4H bearish engulfing candle on increased volume. I simply stated a fact based on what has happened on the chart.

I'm not acting on anything. I'm going to watch the USA game soon with my brother who is in town.

It is possible to not be in a position at all times.

https://twitter.com/aintgotnothin/status/1421987392920170501?s=19

Tips to improve your success in 2021 and reach your goals (small thread):

1. Rely on SYSTEMS, not willpower.
Set up reasonable systems and goals. Be disciplined and follow through. A system is well thought out and often times more successful than spur of the moment judgements Focus on current habits you can improve, don't look ahead to vague outcomes.

"If I do this, I will make XX amount of money in 6 months."

Instead focus on building better habits now and the results will follow

If you can't fix the habit, the desired outcome won't happen anyway